Noble Energy Announces Approval Of Aseng Oil Project In Equatorial Guinea. Formerly known as Benita, Aseng was discovered in 2007 as a gas-condensate field in Block I offshore Equatorial Guinea. Subsequently, two appraisal wells were drilled in the structure, with the first identifying the oil resources and the second determining …
The plans of Equatorial Guinea''s Ministry of Mines and Hydrocarbons to build a gas megahub aggregating gas from upstream projects to deliver it to onshore industries were first revealed at the Africa Oil & Power Investor Forum in May 2018 in London by H.E. Gabriel M. Obiang Lima, Minister of Mines and Hydrocarbons. The …
The Guyana Utility Scale Solar Photovoltaic Program (GUYSOL) is now seeking bids for engineering, procurement and construction (EPC) contracts for the eight solar PV projects and 34MWh …
Hess'' exit from Equatorial Guinea came after nearly two decades of operations at the Ceiba field and Okume complex. The company operated the two producing areas with an 85 percent stake. Partners Tullow Oil (15 percent) and national oil company GEPetrol (5 percent carried interest) will now work with the new operator Kosmos Energy.
ExxonMobil has signed another production sharing agreement with Equatorial Guinea, the new OPEC member. According to Reuters, the production has been signed for the Block EG-11, located offshore Equatorial Guinea. Data found on Exxon''s website shows the company is already largest oil producer in the country. It operates …
A 24MW Wärtsilä power plant located in Bata, the country''s largest city, already provides thermal production of energy for continental Equatorial Guinea, a nation of 1.2 million inhabitants. Wärtsilä has been present in the country for a number of years and has established a significant installed base throughout the African continent.
Noble Energy, as operator of Alen gas project offshore Equatorial Guinea, has signed definitive agreements with Marathon Oil and Equatorial Guinea government to develop the field''s gas resources via Alba Plant LLC''s LPG processing plant and EG LNG''s LNG production facility, both located in Punta Europa island.
Equatorial Guinea Energy Information mail arrow_upward Share on Twitter Linkedin Facebook Equatorial Guinea Key Figures Population: 1.67 million GDP growth rate: 3.15 %/year Energy independence: 100% Data …
The country''s GDP was at USD 10.02 billion in 2020 (which fell by ell -4.9% compared to last year). Over 70% of the 1.403 million of the population lives in poverty in Equatorial Guinea, and over 40% lives in extreme poverty. Little progress has been made in diversifying the economy even though the government has substantial funds.
September 28, 2021. Equatorial Guinea''s Gas Mega Hub Monetizes Regional Resources, Consolidates the Country''s Position as Africa''s Top Cross-Border Gas Venture. Photo credit: Bigstock. Equatorial Guinea''s Gas Mega Hub has established an effective cross-border gas strategy, laying the foundation for large-scale gas commercialisation and ...
The Houston-based firm is planning to bring the project online in 2026, in partnership with national oil company GEPetrol and Atlas Petroleum.
According to work by the China Energy Storage Alliance''s (CNESA) in-house research group, the country now has around 33.1GW of installed energy storage …
February 2, 2023. The 200MW project on Jurong Island. Image: Sembcorp. Singapore has surpassed its 2025 energy storage deployment target three years early, with the official opening of the biggest battery storage project in Southeast Asia. The opening was hosted by the 200MW/285MWh battery energy storage system (BESS) project''s developer ...
The microgrid will provide electricity for the island''s 5,000 residents using GE''s battery-based energy storage system, which is designed to withstand the high temperatures on the island. The project is being led by MAECI Solar, which is providing the solar modules and system integration.
Noble Energy Inc announced that it has approved the development of the Alen natural gas project situated offshore Equatorial Guinea ("EG"). Gross capital expenditure for the development of this project is estimated to be $330 million, of which the company''s share is nearly $165 million. Natural gas from the Alen field will be processed …
Steelmaker Jingye Group has completed its buyout of British Steel, reviving a business that was placed into compulsory liquidation last May. A statement from Jingye said it had completed the acquisition of British Steel''s UK and Dutch assets from the official receiver and confirmed it planned to invest £1.2bn ($1.6bn) in the company.
Recently, Qinghai Company''s Hainan Base under CHINA Energy in Gonghe County has successfully connected the fourth phase of its 1 million kilowatt …
Trident Energy Kicks Off Drilling Campaign in Equatorial Guinea Energy Capital & Power, on behalf Equatorial Guinea''s Ministry of Mines and Hydrocarbons (MMH), announces the start of drilling by Trident Energy in Block G, following the arrival of the Sapphire Driller rig; Three infill wells – Elon-A, Elon-C and Elon-D – will …
Aseng Production Company Limited, a Joint-Venture incorporated between SBM Offshore and "GEPetrol, Compania Nacional de Petroleos de Guinea Ecuatorial" (GEPetrol), has successfully secured a US$ 602 million Project Debt facility in order to finance the investment in the lease of the FPSO Aseng (image) to be operated …
The World Bank''s Board of Executive Directors today approved $1.5 billion in financing for a second operation to help India accelerate the development of low …
Houston-based energy company Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, has inked a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.) and …
To promote the integration of new energy generation with new energy storage, offshore wind power projects, centralized photovoltaic power stations, and …
11/28/2019 11:33:24 AM. LONDON (Reuters) - Equatorial Guinea announced plans to build two new oil refineries among other energy projects worth $1 billion, its energy minister was quoted as saying, in a bid to diversify a sector that provides more than 90% of its foreign revenue. Minister of Mines and Hydrocarbons Gabriel Obiang Lima said the ...
Proposed for development by TC Energy and its prospective partner Saugeen Ojibway Nation, Ontario Pumped Storage would be Ontario''s largest energy storage project, …
The 40-MW Khoumagueli solar project in Guinea has taken a step forward with the signing of a 25-year power purchase agreement (PPA) with Electricite de Guinee (EDG). The independent …
Equatorial Guinea''s Ceiba discovery reveals another deepwater province. Following its exploration successes off Rio Muni in Equatorial Guinea last fall, Triton Energy is pressing ahead with a development based on a 2 million bbl floating pro duction, storage, and offloading (FPSO) vessel. First oil from the project could be …
Credit: The African Energy Chamber. Chevron and Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol) have signed PSCs for two blocks offshore …